Triangle Club Inc

Analysis

Triangle Club Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Triangle Club Inc reported income of $178k and spending of $164k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $178k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Triangle Club Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Groton Historical Society ($178k), Values to Action ($178k) and Northwest Apartments Inc of Weakley County TN ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $159k against liabilities of $2,283, net assets of $157k.